Financial Technology (Fintech) Terms

noun Initial Coin Offering (ICO) is a fundraising method for cryptocurrency projects where new tokens are sold to investors in exchange for existing cryptocurrencies like Bitcoin or Ethereum.

• The company decided to launch an ICO to raise funds for their new project.
• Have you heard about the ICO happening next week? I'm thinking of investing.
• I'm so excited for this ICO, it's going to be lit!
• Launching the ICO was like planting a seed for the future growth of the business.

noun a digital or virtual form of currency that uses cryptography for security

adjective related to or involving cryptocurrency

• Investing in cryptocurrency requires a deep understanding of blockchain technology.
• I heard that cryptocurrency is the future of finance.
• I'm thinking of throwing some cash into that new crypto everyone's talking about.
• Cryptocurrency is like a digital gold rush, with everyone trying to strike it rich.